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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of components of other comprehensive income (loss)

The following tables present the components of other comprehensive income (loss) for the periods presented:

(dollars in thousands)						Before Tax						Tax Effect						Net of Tax
Three Months Ended September 30, 2024
Net change in fair value of investment securities:
Net unrealized gains on AFS investment securities arising during the period						$	27,092					$	7,150					$	19,942
Amortization of unrealized losses on investment securities transferred to HTM						1,920						507						1,413
Net change in fair value of investment securities						29,012						7,657						21,355
Net change in fair value of derivatives:
Net unrealized losses arising during the period						(4,317)						(1,140)						(3,177)
Net change in fair value of derivatives						(4,317)						(1,140)						(3,177)
SERP:
Amortization of net actuarial gain						(2)						(1)						(1)
SERP						(2)						(1)						(1)
Other comprehensive income						$	24,693					$	6,516					$	18,177

(dollars in thousands)						Before Tax						Tax Effect						Net of Tax
Three Months Ended September 30, 2023
Net change in fair value of investment securities:
Net unrealized losses on AFS investment securities arising during the period						$	(24,729)					$	(6,569)					$	(18,160)
Reclassification adjustments from AOCI realized in net income						135						36						99
Amortization of unrealized losses on investment securities transferred to HTM						2,026						538						1,488
Net change in fair value of investment securities						(22,568)						(5,995)						(16,573)
Net change in fair value of derivatives:
Net unrealized gains arising during the period						3,151						838						2,313
Net change in fair value of derivatives						3,151						838						2,313
SERP:
Amortization of net actuarial gain						(19)						(7)						(12)
Amortization of net transition obligation						2						2						—
SERP						(17)						(5)						(12)
Other comprehensive loss						$	(19,434)					$	(5,162)					$	(14,272)

(dollars in thousands)						Before Tax						Tax Effect						Net of Tax
Nine Months Ended September 30, 2024
Net change in fair value of investment securities:
Net unrealized gains on AFS investment securities arising during the period						$	20,427					$	5,391					$	15,036
Amortization of unrealized losses on investment securities transferred to HTM						5,425						1,432						3,993
Net change in fair value of investment securities						25,852						6,823						19,029
Net change in fair value of derivatives:
Net unrealized losses arising during the period						(1,286)						(340)						(946)
Net change in fair value of derivatives						(1,286)						(340)						(946)
SERP:
Amortization of net actuarial gain						(2)						(1)						(1)
SERP						(2)						(1)						(1)
Other comprehensive income						$	24,564					$	6,482					$	18,082

(dollars in thousands)						Before Tax						Tax Effect						Net of Tax
Nine Months Ended September 30, 2023
Net change in fair value of investment securities:
Net unrealized losses on AFS investment securities arising during the period						$	(17,675)					$	(4,696)					$	(12,979)
Reclassification adjustments from AOCI realized in net income						135						36						99
Amortization of unrealized losses on investment securities transferred to HTM						5,670						1,506						4,164
Net change in fair value of investment securities						(11,870)						(3,154)						(8,716)
Net change in fair value of derivatives:
Net unrealized gains arising during the period						$	4,329					$	1,139					$	3,190
Net change in fair value of derivatives						4,329						1,139						3,190
SERP:
Amortization of net actuarial gain						(58)						(17)						(41)
Amortization of net transition obligation						6						2						4
SERP						(52)						(15)						(37)
Other comprehensive loss						$	(7,593)					$	(2,030)					$	(5,563)

Schedule of changes in each component of AOCI, net of tax

The following tables present the changes in each component of accumulated other comprehensive income (loss), net of tax, for the periods presented:

(dollars in thousands)						Investment Securities						Derivatives						SERP						AOCI
Three Months Ended September 30, 2024
Balance at beginning of period						$	(130,248)					$	7,260					$	297					$	(122,691)
Other comprehensive income (loss) before reclassifications						19,942						(3,177)						—						16,765
Reclassification adjustments from AOCI						1,413						—						(1)						1,412
Total other comprehensive income (loss)						21,355						(3,177)						(1)						18,177
Balance at end of period						$	(108,893)					$	4,083					$	296					$	(104,514)

(dollars in thousands)						Investment Securities						Derivatives						SERP						AOCI
Three Months Ended September 30, 2023
Balance at beginning of period						$	(141,252)					$	5,522					$	455					$	(135,275)
Other comprehensive income (loss) before reclassifications						(18,160)						2,313						—						(15,847)
Reclassification adjustments from AOCI						1,587						—						(12)						1,575
Total other comprehensive income (loss)						(16,573)						2,313						(12)						(14,272)
Balance at end of period						$	(157,825)					$	7,835					$	443					$	(149,547)

(dollars in thousands)						Investment Securities						Derivatives						SERP						AOCI
Nine Months Ended September 30, 2024
Balance at beginning of period						$	(127,922)					$	5,029					$	297					$	(122,596)
Other comprehensive income (loss) before reclassifications						15,036						(946)						—						14,090
Reclassification adjustments from AOCI						3,993						—						(1)						3,992
Total other comprehensive income (loss)						19,029						(946)						(1)						18,082
Balance at end of period						$	(108,893)					$	4,083					$	296					$	(104,514)

(dollars in thousands)						Investment Securities						Derivatives						SERP						AOCI
Nine Months Ended September 30, 2023
Balance at beginning of period						$	(149,109)					$	4,645					$	480					$	(143,984)
Other comprehensive income (loss) before reclassifications						(12,979)						3,190						—						(9,789)
Reclassification adjustments from AOCI						4,263						—						(37)						4,226
Total other comprehensive income (loss)						(8,716)						3,190						(37)						(5,563)
Balance at end of period						$	(157,825)					$	7,835					$	443					$	(149,547)

Schedule of amounts reclassified out of each component of AOCI

The following tables present the amounts reclassified out of each component of AOCI for the periods presented:

						Amount Reclassified from AOCI												Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands)						Three Months Ended September 30,
Details about AOCI Components						2024						2023
Sale of AFS investment securities:
Realized loss on sale of AFS investment securities						$	—					$	135					Net loss on sale of investment securities
Tax effect						—						(36)						Income tax benefit
Net of tax						—						99
Amortization of unrealized losses on investment securities transferred to HTM:
Amortization						1,920						2,026						Interest and dividends on investment securities
Tax effect						(507)						(538)						Income tax benefit
Net of tax						1,413						1,488
SERP:
Amortization of net actuarial gain						(2)						(19)						Other operating expense - other
Amortization of net transition obligation						—						2						Other operating expense - other
Total before tax						(2)						(17)
Tax effect						1						5						Income tax expense
Net of tax						(1)						(12)
Total reclassification adjustments from AOCI for the period, net of tax						$	1,412					$	1,575

						Amount Reclassified from AOCI												Affected Line Item in the Statement Where Net Income is Presented
(dollars in thousands)						Nine Months Ended September 30,
Details about AOCI Components						2024						2023
Sale of AFS investment securities:
Realized loss on sale of AFS investment securities						$	—					$	135					Net loss on sale of investment securities
Tax effect						—						(36)						Income tax benefit
Net of tax						—						99
Amortization of unrealized losses on investment securities transferred to HTM:
Amortization						5,425						5,670						Interest and dividends on investment securities
Tax effect						(1,432)						(1,506)						Income tax benefit
Net of tax						3,993						4,164
SERP:
Amortization of net actuarial gain						(2)						(58)						Other operating expense - other
Amortization of net transition obligation						—						6						Other operating expense - other
Total before tax						(2)						(52)
Tax effect						1						15						Income tax expense
Net of tax						(1)						(37)
Total reclassification adjustments from AOCI for the period, net of tax						$	3,992					$	4,226

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- References

No definition available.

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- Definition

Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).

+ References

No definition available.

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- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-20

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- Definition

Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 1
-Section 45
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1

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